Thursday, August 2, 2018
July Review / August Preview, 2018
In addition, we will no longer just have 1 income. This means that debt will be slashed faster, savings will rebound, and investments will be made. The remainder of this year will be strong.
This month I made one new purchase, acquiring shares of Kraft Heinz (KHC) in my taxable portfolio.
Last month I brought in a total of $81.72 in dividends ($62.22 taxable, $9.50 Roth, and $10.00 IRA). This is an increase from last year (73.19 total) by 11.6%.
In terms of dividend increases, I realized* two raises from Realty Income (O) and Leggett & Platt (LEG). The increases are 0.2% to about 5%, respectively. I have now realized 34 raises thus far this year.
Next month I will realize three raises from Bank of Montreal (BMO), Starbucks (SBUX), and John Deere (DE). The increases are from 3% to about 20%.
* I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.
The mortgage continues, so at least part of our 'rent' counts towards our house. Our debts currently outstrip our assets (I choose not to count the house as an asset). Outside of our house, we still have very low interest auto debt (1.9 and 1.5% for our cars). Both my car and house are receiving slightly out-sized payments monthly. We are effectively eliminating debt, while still building and assets. Even on just one income (for now).
August has family beach time. I will be semi working while at the beach as to preserve some of my paid time off. Likely my next buy will be in August too as my accounts will begin to transition from Capital One to E-Trade, which means my fractional shares will be sold. That capital along with existing funds should allow me to make some more purchases. Its fine by me, since I prefer round numbers anyway!
Next month should produce around $269 in dividends, which is a 12% YOY increase.
My portfolio page is currently up to date.
Hope everyone has a great August.
- Dividend Gremlin
- Long all stock tickers mentioned